Among the earnings stories for Wednesday, July 23, from AP Financial News:
Top stories:
TRENTON, N.J. (AP) _ Pfizer Inc. on Wednesday said its second-quarter profit more than doubled as restructuring charges declined and the weak dollar helped lift overseas revenue, offsetting new generic competition and enabling the company to just beat Wall Street expectations.
Other stories:
FALLS CHURCH, Va. (AP) _ Defense contractor General Dynamics Corp. said Wednesday its second-quarter profit rose 25 percent, boosted by higher sales of armored vehicles and tanks.
LEHIGH VALLEY, Pa. (AP) _ Specialty gas maker Air Products & Chemicals Inc. said Wednesday its fiscal third-quarter profit dropped about 75 percent, but adjusted results narrowly beat Wall Street estimates.
SPRINGFIELD, Mo. (AP) _ Auto parts retailer O'Reilly Automotive Inc. said Wednesday its second-quarter profit rose 7.5 percent on an increase in same-store sales.
RESTON, Va. (AP) _ NII Holdings Inc., a wireless service provider to Latin American businesses, said Wednesday that profit grew 85 percent in the second quarter, beating Wall Street expectations, because of subscription growth.
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